Uniti Group Inc. Reports First Quarter 2024 Results
LITTLE ROCK, Ark., May 03, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its results for the first quarter 2024.
- LITTLE ROCK, Ark., May 03, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its results for the first quarter 2024.
- Our core recurring strategic fiber business grew 4% in the first quarter of 2024 when compared to the first quarter of 2023.
- Also, our net success-based capital intensity at Uniti Fiber during the quarter declined to 34% from 46% in the first quarter of 2023.
- Uniti Fiber contributed $68.8 million of revenues and $23.8 million of Adjusted EBITDA for the first quarter of 2024.